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If the deed has no provision, how is a partners right to take part in firm business generally considered?

Answer and explanation

Correct answer: All partners have the right to take part

As a general rule, every partner may take part in the business. If the deed gives a different condition, it applies.

Related tags

Partner RightsManagementDefault RulePartnership DeedPartnership Accounts Basic ConceptsAccountancyClass 12 Mcq

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